A Different Kind of Fixed Index Annuity — Designed to Fit Clients Needs
Jared Anderson from Market Synergy Group discusses what makes Brighthouse SecureAdvantageSM 6-Year Fixed Index Annuity (FIA) different and why your clients should consider it to help grow their tomorrow money.
We designed this FIA, including innovative Annual Sum Index Accounts and a Fixed Account1, that allows your clients to tailor an annuity that best fits their retirement strategy. SecureAdvantage 6-Year tracks the performance of an index and allows participation in some of the growth opportunities the market offers via Index Accounts – based on the Cap Rate or Participation Rate – while providing 100% protection for your client's purchase payment.2 LEARN MORE
Required Suitability and Product Training
To be up-to-date with industry regulation, we have made important changes to our suitability training and product-specific training. These updates became effective January 3, 2020, on our agent website.
There is a new, separate training module specifically on suitability concepts. Note: The new suitability training will be mandatory for new agents effective February 3, 2020. Current agents have until July 31, 2020, to take the new training.
Our product-specific training has been refreshed and is now available in an updated, interactive and easy-to-read format. Agents who have already completed training modules will not be required to retake the training.
New Term Rates! As of February 1, 2020, Select-a-Term gets even more competitive in some of the most popular issue ages and classes.
In addition to rate changes (including increases and decreases in certain cells), the product will now have new Annual Renewable Term (ART) rates, changes to the ART design, and discontinuation of the Term Conversion credit.
Two new indices coming February 3, 2020!
We're excited to announce the addition of two new index options to our Athene national fixed indexed annuity (FIA) product portfolio.
Same products, same great features — with two new index options for your clients. More information coming soon.
Popular Janus SG Market Consensus Indices will be retired.
These two indices will be available for new business on February 3, 2020. They will replace the Janus SG Market Consensus and Morningstar® Dividend Yield Focus Target Volatility 5 IndexSM options as well as the S&P 500® 1-year Monthly Cap Index Strategy.
Before they go away, don't miss your opportunity to offer our current index lineup, including out popular Janus SG Market Consensus Indices.
Important Processing dates:
FIA applications signed on or before January 31, 2020, received in good order by Athene no later than 4 p.m. CT on February 14, 2020, will be issued with the current lineup of index options.
Prudential is expanding the distribution of fixed indexed annuity products to additional states!
We are pleased to inform you that SurePathSM and SurePath® Income has been approved by California, and is available for sale as of January 3, 2020. (Click the following links for state availability and rates: SurePathSM State Availability Chart | SurePath® Income State Availability Chart | SurePathSM Rates 12-15-19 | SurePath® Income Rate 12-15-19)
Don't forget! An active state appointment, along with California Annuity Suitability Training and product-specific training, are required prior to solicitation. Click here for instructions on how to access product training through RegEd.
New Power Select Product Training REQUIREMENT
At this point, there has been quite a collection of changes to the product training, so AIG is requiring all existing agents to complete new product training. This course will satisfy the new training requirement for existing agents. (New Agent - Access Info Here) AIG is allowing until February 23, 2020, for the training to be completed, but we encourage you to have your agents take this right away to avoid delays with their business. Here are some additional things to be aware of: